Exciting investment opportunity in the quaint village of North Augusta! Situated on over 1 acre of land, this property offers 6 fully renovated rental units plus a large garage space, perfect for storage or workshop---a rare find with incredible flexibility. Prime Location: Only a short drive to Bro...ckville, Highway 401, Kemptville, Merrickville, and Ottawa. Renovated Units: Each apartment comes with appliances, outdoor storage, and its own porch (except unit 4). All but one include a propane fireplace (except unit 6) for cozy comfort. Peace of Mind: A separate utility room houses a generator that keeps power running for all 6 units and the garage - no outages to worry about. Modern Upgrades: Two brand-new septic systems and a paved driveway are already completed. Income-turnkey: Live in one unit while rental income helps pay the mortgage. Versatile Garage: A large, heated space ideal for equipment storage or a workshop. Opportunities like this are rare: a turnkey income property with built-in security, comfort, and long-term potential. Rentals all include 2 parking spots, 1 locker, heat and hydro. #1 - $525.00 (bachelor) / #2 - 1950.00 / #3 - 1800.00 / #4 - 1103.16 / #5 - 1600.00 / #6 - 1550.00 / Garage is 2260.00 = 10,788.46 per month = 129,461.52 for the year ---------- Taxes - $8100.00 / Insurance - $7400.00 / Heating - $7348.00 / Electricity - $17,890.00 = 40,738.00 ---------------- NET INCOME is $ 88,723.52 divided by 12 net per month is approx. 7393.00 per month with current rents
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Full Property Details
Interior
Bedrooms
6
Total Bedrooms
6
Washrooms
6
Square Footage
5000+ sqft
Basement
None
Heating Source
Other
Heating Fuel
Baseboard
Air Conditioning
Window Unit
Family Room
No
Kitchens
6
Total Kitchens
6
Fireplace Features
Yes
Bedrooms
6
Total Bedrooms
6
Washrooms
6
Square Footage
5000+ sqft
Basement
None
Heating Source
Other
Heating Fuel
Baseboard
Air Conditioning
Window Unit
Family Room
No
Kitchens
6
Total Kitchens
6
Fireplace Features
Yes
Exterior
Depth
0.0
Front
120.52
Acreage
Not Applicable
Driveway
Private
Lot Size
121 x 0.0 ft
Pool
None
Parking Spaces
30
Total Parking Spaces
30.00
Parking Description
Detached
Garage Spaces
14
Zoning
Residential property with six self-contained units
Depth
0.0
Front
120.52
Acreage
Not Applicable
Driveway
Private
Lot Size
121 x 0.0 ft
Pool
None
Parking Spaces
30
Total Parking Spaces
30.00
Parking Description
Detached
Garage Spaces
14
Zoning
Residential property with six self-contained units
